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No Interest When Payment Withheld In Dispute Interest; Payment progress

Thursday, January 02, 2003 12:08 pm

 
No Interest When Payment Withheld In Dispute Interest; Payment-progress

The Armed Services Board of Contract Appeals has ruled that a contractor cannot recover interest under the Prompt Payment Act (PPA) when the government withholds progress payments due to a bona fide dispute regarding contractual obligations.

The Air Force awarded a contrac [...]

 
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